February may have been the shortest month, but in Hidden Hills, it was long on market milestones. With sales soaring and square footage commanding more than ever, this enclave of exclusivity is proving to be a goldmine for the astute.
Top Sales Tell a Story
Hidden Hills’ property narrative in February was headlined by an estate at 5275 Round Meadow Rd selling for a breathtaking $23,750,000. These figures aren’t just transactions; they’re testimonials to the desirability of the locale.
A Market in Motion
The inventory may seem exclusive with 72 active listings, but don’t let the numbers fool you. This market is as vibrant as the lush landscapes of the properties it boasts.
A Price Revolution
A monumental jump to an average sales price of $11,626,667 – almost doubling since January – speaks volumes about the value ascribed to the Hidden Hills way of life. A staggering 38.1% increase in price per square foot reiterates the same sentiment.
Selling Rhythms
With homes taking their time on stage for an average of 97 days before the final curtain call, and a sale-to-list price ratio of 94.1%, it’s clear that patience in Hidden Hills pays off.
In the lush seclusion of Hidden Hills, the February market report signals a robust uptrend. It’s a market for those who know that true luxury is as much about the journey as the destination.
